overbought
A condition in which the price of a security has risen to a higher point than can be sustained from a technical analysis perspective. A technician will typically expect a stock that is overbought to enter a correction cycle. Compare to oversold.

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Related Terms

moving average convergence/divergence (MACD)
oscillator
oversold
stochastic oscillator
Ultimate Oscillator
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Popular Terms In Technical Analysis

unaccounted for
market index deposit (MID)
fixed deduction
upturn
historical exchange rate